OFF MARKET

16 Waratah Avenue
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 702m2
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Last updated 11 Nov 2024
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Property Details for 16 Waratah Ave, Paynesville

16 Waratah Ave, Paynesville is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 702m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
House
Land Size
702m2
Local Government
East Gippsland
Lot/Plan
88/LP149973

Last Listing description (May 2015)

Located in Waratah Avenue, this 3 bedroom, 2 bathroom brick home, presents in very good condition. It would suit a young couple, or retired person, it would also make a fantastic rental property due to the location and low maintenance. With a good sized back yard this home will appeal to someone looking to have a boat or caravan locked up and yet still room in the carport for 2 cars. Out the back is a new covered outdoor area and a lock-up garage for the mower and tools. The kitchen has gas cook top, dishwasher and plenty of cupboard space, whilst the dining/lounge area is of open plan design. There is an almost new reverse cycle airconditioner taking care of the heating and cooling and the main bedroom has an ensuite bathroom. This comfortable home has everything covered and it is just a matter of moving in to enjoy.
Property Code: 735

Property History for 16 Waratah Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$299,000
14 Jul 2015
Listed for Rent
$280/w
10 Dec 2011
  • 14 Jul 2015
    Sold for $299,000
  • 15 Nov 2014
    Listed for Sale Not Disclosed
  • 10 Jul 2014
    Transferred
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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,107 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:

  • The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 90 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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